Buying An Rv

Mike Niehuser: Mining Stocks Not Reflecting Record Gold Prices

The Gold Report: What is your perspective on the price of gold and your forecast for 2011?

Mike Niehuser: Based on gold's recent price history, it looks like we were a little conservative. Our forecast for 2011 included the price of gold ranging from $1,300/oz. to $1,500/oz. with the potential in the wake of a catalyst to go over $1,600/oz. by year-end.

TGR: With gold prices at record levels, do you attribute weakness in mining stocks to seasonal weakness or is the market forecasting lower gold prices in the near to midterm?

MN: The accuracy of the forecast is not as important as providing a more or less arbitrary gauge for assessing the buoyancy of mining stock prices against the primary metal underlying these companies' assets. Considering sustained gold prices and softening mining stock prices, we can draw a number of conclusions: One, that gold prices are ahead of themselves and ready for a seasonal correction, or two, markets are signaling lower prices, implying that higher metal prices may not materialize in later years when projects accelerate production. On the contrary, we remain confident in our earlier forecast and see few forces mobilizing to take gold prices lower in the mid to long term.

TGR: Why are you bullish on gold prices?

MN: In normal times, if there is such a thing, we might see a seasonal correction in the spring or following a period of excitement, much like we recently saw with silver approaching record levels a couple months ago. I find it interesting that gold has long since moved through record levels of the late 1970s but has yet to produce a price chart like silver peaking just a couple months ago. Gold prices have been remarkably resilient and appear to be setting a new normal. Considering the excitement for gold at half the price just a couple years ago, and gold stabilizing at record levels, it is somewhat amazing that investors seem almost indifferent.

TGR: What do you credit for breaking seasonal patterns?

MN: We are living in historically uncertain times. A populist uprising against the banks has not taken place in Europe, as banks appear more willing to restructure debts and kick the can down the road, rather than discipline member countries' loose financial behavior.

How to Buy a Used Travel Trailer or Other RV | Deals Travel

Sit back and relax! Buying a used RV should be a well researched and thoughtful process that if done right, can give you an excellent RV that suits your budget, is comfortable for your lifestyle and meets all of your needs. Knowing this in advance, you shouldn’t expect to buy a used travel trailer over night or you may live to regret it.

Can you afford the RV?

It would be nice if all of us could afford a brand new, shiny RV that has never been used before but that’s not always a good idea. One of the most important factors is depreciation. As soon as the RV leaves the dealer’s lot it goes down in value. There is absolutely no avoiding it. Just because you are buying a used travel trailer or other RV does not mean it can’t still be shiny and in good shape. It can be – you just have to look for it.

What type of RV do you wish to purchase?

Are you an experienced RVer? This will make a difference on what you choose to buy. If you are an experienced RVer you probably have more of an awareness of the types of RVs available and what each of them offer in terms of amenities, comfort, price and usability. That takes care of some of your research. Whether you are buying a used travel trailer or any other type of RV the process should be the same.

You may need to rent an RV before you buy.

If you have never camped or spent any time in an RV then you should test the waters first. If you do not have accessibility to an RV through a family member or friend I suggest you rent one before buying. If your dream has always included driving down the highways in a big motorhome then rent one before committing to something that may not be right for you. This can save you a great deal of grief and money. How do you feel in the driver’s seat? When faced with the reality of having a motorhome versus the dream it may be a lot different.

What type of RV should you buy?

Once you determine the type of RV you wish to purchase, now you have to do some research on style, size and what amenities are offered in each. Different manufacturers produce different products, some good and some bad. You will want to talk to other RVers to find out their experiences and recommendations. Research the internet, talk to people on some RV forums and get their thoughts. Know your needs and determine the best make and model for your budget and lifestyle.

RT : I'm also only 20. Judd Apatow is twice my age, and yet I am the one thinking about buying an RV to pull or push a taco cart.

I'm also only 20. Judd Apatow is twice my age, and yet I am the one thinking about buying an RV to pull or push a taco cart.

im still on the plan of buying an RV and travling anywhere i fuckin feel like!

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